Cost of living squeeze for benefits and state pension
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
In April, benefits and the state pension will rise by just over three per cent. That is less than half the increase in prices which is predicted by the Bank...
show moreLast week we learned that the price of gas to heat our homes was going to soar – but most people are protected by the price cap. That’s not the case for around 800,000 households which get heating from Heat Networks - or communal heating - where multiple homes, usually flats, are heated by one boiler. The residents pay for their gas through management agents or housing associations. And because these are commercial contracts they are not capped like for domestic fuel. Their bills look set to triple or even quadruple. We find out what help, if any, is out there for them.
For nearly half a million UK pensioners living abroad the increase in their state pension will be even less than the 3.1% mentioned earlier. It will in fact be zero. In about 50 countries the pension is increased with inflation as it is in the UK. But in the rest of the world including Australia, Canada, and New Zealand as well as India and most African and Caribbean countries, the state pension is frozen at the rate it is first paid abroad. A petition to change this was launched in January but it still has barely half the signatures needed to get a Government response.
Presenter: Paul Lewis
Reporter: Chris Flynn
Producer: Dan Whitworth
Researcher: Marianna Brain
Editor: Emma Rippon
Information
| Author | BBC |
| Organization | BBC |
| Website | - |
| Tags |
-
|
Copyright 2026 - Spreaker Inc. an iHeartMedia Company
Comments